Bank deposits grew in the third quarter of 2024 as many people were encouraged by rising interest rates to park their money at commercial lenders..In the July-September period of the previous calendar year, bank deposits rose 7 percent year-on-year to Tk 18.25 lakh crore, with bank branche

The former Bangladesh Bank executive director has been appointed in the post for two years

AK Azad has been re-elected as chairman of Shahjalal Islami Bank PLC at the bank’s 389th board meeting on Wednesday..Azad, a prominent industrialist and businessman in the country, is the managing director of Ha-Meem Group and a former president of the Federation of Bangladesh Chambers of

Md Nazmus Saadat has taken charge as acting managing director of Social Islami Bank PLC..Prior to his new role, Saadat was serving the bank as a deputy managing director, the bank said in a press release..In 2014, he joined Social Islami Bank PLC and assumed key roles, including lead

Eastern Bank PLC (EBL) has appointed Osman Ershad Faiz as its additional managing director..Prior to joining EBL, Faiz was the co-founder of Asia FiiT, an international banking and fintech consultancy headquartered in Singapore, said a press release..In his career spanning 30 years,

Pubali Bank PLC has signed a partnership agreement with DHL Express Bangladesh to launch the “GoGreen Plus”, a dedicated solution to help businesses reduce carbon emissions associated with their shipments through the use of Sustainable Aviation Fuel (SAF)..Mohammad Ali, managing director a

National Credit and Commerce (NCC) Bank PLC recently organised its 11th extraordinary general meeting (EGM)..Md Nurun Newaz Salim, chairman of the bank, presided over the meeting held virtually on Tuesday, said a press release..In his speech, Salim said that on the basis of advice of

Muhammed Mohiuddin Sourav from the Institute of Business Administration at the University of Dhaka and Soumik Hasan Shranto of BRAC University have qualified for the grand finale of the “9th Global Student Entrepreneurs Awards (GSEA) Bangladesh chapter..Powered by the Entrepreneurs’ Organi

Banks have to send the data within January 12

Dhaka Bank PLC recently signed a memorandum of understanding (MoU) with the Institute of Cost and Management Accountants of Bangladesh (ICMAB) for the development of a co-branded credit card for the latter’s members..Sheikh Mohammad Maroof, managing director of the bank, and Mahtab Uddin A

The Bangladesh Financial Intelligence Unit (BFIU) yesterday sought information on the bank accounts of Tulip Siddiq, niece of ousted prime minister Sheikh Hasina and UK city minister, and her family members.

Midland Bank PLC and Grameen Digital Healthcare Solutions, a provider of innovative digital healthcare services named Shukhee, recently signed a memorandum of understanding (MoU) and an agreement to improve healthcare access and delivery in underserved communities, said a press release..Ah

Dhaka Bank PLC has launched a new service of the collection of holding tax and trade licence fees for Dhaka South City Corporation (DSCC)..From now on, the residents of the DSCC will be able to pay fees and taxes on a real-time basis from any branches of Dhaka Bank, said a press release.</

Pubali Bank PLC has launched its bancassurance service, in partnership with Delta Life Insurance Company Limited, marking a significant milestone in bringing banking and insurance under one roof..Through this service, customers can now avail themselves of life insurance benefits directly f

Southeast Bank PLC recently launched a special digital countdown timer clock at its Banani office in the capital as a part of the celebration of its founding anniversary..The bank will celebrate its 30th anniversary on May 25 this year, according to a press release..MA Kashem, chairm

Al-Arafah Islami Bank PLC recently donated a bus to transport the students of Chattogram Government Women’s College..Farman R Chowdhury, managing director and CEO of the bank, handed over a dummy key of the bus to Tahmina Akhter Noor, principal of the college, at a function on the college

Bengal Commercial Bank PLC has promoted Md Humayun Kabir to the post of deputy managing director..Prior to his new role, Kabir was serving the bank as a senior executive vice-president and company secretary concurrently, the bank said in a press release..He joined Bengal Commercial B

The benchmark index of the Dhaka bourse rose 0.65% today

BRAC Bank recently signed a partnership agreement with Sena Insurance PLC, a subsidiary of Sena Kalyan Sangstha, to deliver a comprehensive set of advanced cash management solutions aimed at optimising financial operations of the insurer..Brig Gen (retd) Md Shafique Shamim, managing direct

Social Islami Bank PLC distributed agricultural finance at a 4 percent profit rate among 400 soybean and chili cultivators of Subarnachar in Noakhali on Saturday..Maksuda Begum, vice-chairman of the bank, attended the programme as the chief guest, the bank said in a press release..Mo